The dollar today was recovering after falling during the Asian session to its lowest level against the Euro, the British pound, and the Swiss franc since mid-March. This was due to a weakening U.S. economy, which reinforced arguments in favor of early interest rate cuts by the Federal Reserve. Meanwhile, the Mexican peso, which had […]
Mexican Peso Falls More Than 4% and Has Its Worst Day Since March 2020 Following Morena’s Victory
The Mexican peso weakened against the dollar, recording its worst day since March 2020 following Morena’s electoral victory this Sunday and the nervousness generated by the fact that it will have a majority in Congress. According to data from the Bank of Mexico (Banxico), the national currency ended the session with a depreciation of 4.21% […]
Coalition of 46 Companies to Hire Migrants and Refugees in Mexico
The refugee population in Mexico has grown by nearly 300% in recent years, but they continue to face obstacles in obtaining dignified employment due to unfamiliarity with the procedures required by companies and the time needed for document validation. A group of 46 large companies operating in the country will hire migrants and refugees. This […]
CFE announces DISCOUNT for the hot season in Mexico; in which states will it apply?
The Federal Electricity Commission (CFE) is a fundamental piece in the lives of millions of Mexicans because they are the reason we have a connection to electrical energy, so this news will not only be good for you but also for your pocket, as it is about a discount, but where and to whom will […]
Mexico City, Baja California Sur, and Coahuila are the most competitive states Economy
The State Competitiveness Index from IMCO indicates that all 32 entities improved in: mobile telephony, internet access, point of sale terminals, mobile banking, savings, and air passenger flow. Mexico City, Baja California Sur, Coahuila, and Nuevo León are the states leading the State Competitiveness Index 2024 (ICE). Compared to the ICE of 2023, the Mexican […]
Coahuila and Durango ready to take advantage of the trade war between the United States and China
Coahuila and Durango will take advantage of the current trade conflict between the USA and China After the United States Government announced an increase in tariffs for Chinese goods, Mexico, specifically the states of Coahuila and Durango, are ready to take advantage of the arrival of investments from the Asian country and also to position […]
Price of the Dollar Today May 18, 2024 in Mexico: How Did the Exchange Rate Wake Up?
The Mexican currency had a good week in the exchange rate, demonstrating a recovery against the US currency The price of the dollar today, Saturday, May 18, 2024, in Mexico is 16.61 pesos per US currency on average. How did the dollar close on Friday, May 17, 2024? The dollar to peso exchange rate closed […]
What social class are you in? This is the salary of each group and its characteristics
Know the definition of the middle class and upper class so you know which group you are in; We tell you how much each one earns. Despite the diversity of indicators and the ease with which social classes can be reclassified, there are some measures that make it much clearer to know if you belong […]
Foreign investment in Mexico, beyond the US; in these states others dominate
The United States is the largest foreign investor in Mexico, contributing 46% of the total, but its reign does not cover the entire country. The Mexican territory is mostly painted with the stars and stripes flag, in terms of Foreign Direct Investment (FDI), but there are states in which other countries have managed to steal […]
CDMX, Baja California Sur and Coahuila, the most competitive entities: IMCO
Only CDMX had a ‘very high’ evaluation in the IMCO 2024 State Competitiveness Index, with the best ratings for hospital beds and educational coverage. Mexico City, Baja California Sur and Coahuila are the most competitive entities in the country, which implies that they have more elements to retain talent and attract investments; In contrast, the […]